2026 Economic Impact Assessment  

To highlight the growing importance of the Greenbelt to Ontario’s economic prosperity amid global and national uncertainties, the Greenbelt Foundation released an updated Economic Impact Assessment report, authored by Ernst & Young LLP. Building on the Foundation’s previous economic analysis from 2020, the new report demonstrates the Greenbelt’s expanding economic contributions across the province.  

Key Findings   

• Economic activity connected to the Greenbelt now contributes $17 billion to Ontario’s Gross Domestic Product (GDP) and supports 247,000 full-time jobs across sectors. 

• Since the Greenbelt Foundation’s previous economic impact assessment in 2020, the Ontario Greenbelt has increased its province-wide economic contributions by 12% (adjusted to inflation) and supported 17% more employment opportunities, highlighting its growing economic importance.  

• Agriculture, forestry, and fishing sectors have seen the largest GDP increase of 29%.  

• Greenbelt-linked economic activities generated nearly $6 billion in government revenues, representing a 17% increase compared to the 2020 study.   

By identifying key economic trends, outlining sector-specific contributions, and highlighting strategic opportunities, the new Economic Impact Assessment positions the Greenbelt as an important driver of Ontario’s economy.